Swiss National Bank decreased its holdings in Thomson Reuters Co. (NYSE:TRI – Free Report) (TSE:TRI) by 14.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 532,255 shares of the business services provider’s stock after selling 91,031 shares during the quarter. Swiss National Bank owned about 0.12% of Thomson Reuters worth $65,664,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Mackenzie Financial Corp increased its holdings in shares of Thomson Reuters by 17.3% in the 3rd quarter. Mackenzie Financial Corp now owns 6,240,651 shares of the business services provider’s stock valued at $755,514,000 after purchasing an additional 919,603 shares in the last quarter. Vanguard Group Inc. grew its stake in Thomson Reuters by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 5,584,932 shares of the business services provider’s stock valued at $573,125,000 after acquiring an additional 150,880 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Thomson Reuters by 26.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,848,670 shares of the business services provider’s stock valued at $519,364,000 after acquiring an additional 814,295 shares during the last quarter. TD Asset Management Inc grew its stake in Thomson Reuters by 35.8% in the 2nd quarter. TD Asset Management Inc now owns 2,876,681 shares of the business services provider’s stock valued at $388,833,000 after acquiring an additional 758,199 shares during the last quarter. Finally, Norges Bank acquired a new stake in Thomson Reuters in the 4th quarter valued at about $207,419,000. Hedge funds and other institutional investors own 17.31% of the company’s stock.
Thomson Reuters Trading Down 0.1 %
TRI opened at $149.19 on Wednesday. The firm has a market capitalization of $67.58 billion, a P/E ratio of 30.07, a P/E/G ratio of 3.74 and a beta of 0.65. The firm’s 50 day moving average is $145.09 and its 200-day moving average is $134.53. Thomson Reuters Co. has a 52-week low of $112.84 and a 52-week high of $152.46. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.26.
Analyst Upgrades and Downgrades
Thomson Reuters Company Profile
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
- Five stocks we like better than Thomson Reuters
- Roth IRA Calculator: Calculate Your Potential Returns
- Ulta Beauty set for a breakout to new highs
- What is Forex and How Does it Work?
- Exxon and Chevron ready to rally: The floor is in for big oil
- How to Invest in the Best Canadian Stocks
- Analysts jumped on this stock ahead of earnings; markets love it
Receive News & Ratings for Thomson Reuters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters and related companies with MarketBeat.com's FREE daily email newsletter.